3 Falling Crows / 3 White Soldiers

These are patterns made up of three relatively long consecutive bearish (crows) or bullish (soldiers) candlesticks that close near or on their lows (crow) or highs (soldiers). Each candle will open around the previous close and in almost all the cases, there will be no body gap. While the patterns may appear to suggest reversal, it is more often seen when a new move has been set off. That is, the onset of such a pattern warns of more moves to come in the same direction. If 3 white soldier patterns are seen then the next reaction is to be bought as the stock is likely to progress into another uptrend after a correction. Vice versa for the 3 crows pattern. No confirmation necessary for this pattern.